The chief executive of European computer chipmaker STMicroelectronics on Wednesday announced new plans to partner with Chinese foundry Hua Hong , arguing that having local manufacturing in China is vital to its competitive position.
The Tesla supplier expects more than $20 billion in sales by the end of the decade, delaying a target it hoped to hit much earlier.
STMicroelectronics (ST) said on Wednesday it will stand by the 2030 targets plan it laid out in 2022, despite three outlook cuts this year amid a slump in markets for the industrial and automotive chips it makes.
STMicroelectronics has struck a long-term solar energy deal with joint venture BKH Solar to power its test and assembly site in southern Malaysia, the chipmaker said on Thursday.
STMicroelectronics N.V. (NYSE:STM ) Q3 2024 Earnings Conference Call October 31, 2024 4:30 AM ET Company Participants Celine Berthier - Group Vice President, Head of Investor Relations Jean-Marc Chery - President & CEO Jerome Ramel - EVP Corporate Development & Integrated External Communication Lorenzo Grandi - President and Chief Financial Officer Marco Cassis - President, Analog, Power & Discrete, MEMS and Sensors Group, Head of STMicroelectronics' Strategy, System Research and Applications, Innovation Office Conference Call Participants Francois-Xavier Bouvignies - UBS Sandeep Deshpande - JPMorgan Lee Simpson - Morgan Stanley Didier Scemama - Bank of America Gianmarco Bonacina - Banca Akros Stephane Houri - Oddo BHF Joshua Buchalter - TD Cowen Operator Ladies and gentlemen, welcome to the STMicroelectronics Third Quarter 2024 Earnings Release Conference Call and Live Webcast.
STMicroelectronics , Europe's largest chipmaker by revenue, on Thursday said its full-year revenue would come at the low end of its earlier guidance range, its third cut to the outlook this year.
A delayed recovery in the Industrial end market and a lower-than-expected increase in Automotive end market revenues are likely to hurt STM's Q3 results.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your STMicroelectronics N.V. (NYSE:STM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your STMicroelectronics N.V. (NYSE:STM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your STMicroelectronics N.V. (NYSE:STM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your STMicroelectronics N.V. (NYSE:STM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / If you suffered a loss on your STMicroelectronics N.V. (NYSE:STM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.